Published 3rd July 2020, 12:28pm
The Cabinet Office continues to accept requests for New Applications, Renewals and Re-Issues (not the same as an endorsement) via the Corporate Administration Platform (CAP). Applications for Endorsements, Duplicates, Exempted Trusts and Certified Copies must be submitted by hand in a sealed envelope addressed to the Clerk of the Cabinet at the Reception Desk at the Government Administration Building.
Documents Required for Endorsements*:
*In the case where the Tax Exemption Certificate (TEC) was issued online via CAP an electronic copy of the TEC will be sufficient and the entire application for endorsement may be submitted via email.
Documents Required for Exempted Trusts (can also be submitted via email):
Documents Required for Duplicates (can also be submitted via email):
Documents Required for Certified Copies;
Additionally, we have changed the way that we accept payment for these manual services, in that, we will no longer accept cheques as the method of payment as of Friday, 3rd July, 2020. Payments should be made via the Electronic Funds Transfer (EFT) method. Please refer to the information below which outlines the bank details for EFTs in relation to tax undertakings.
TAX UNDERTAKING FEES - LOCAL ELECTRONIC FUNDS TRANSFER
Funds maybe remitted to the Cayman Islands Government (CIG) via the Automated Clearing House (ACH) Electronic Funds Transfer (Direct Credit), from any of the following Cayman Islands Automated Clearing House (CIACH) participant Banks:
Cayman National Bank Limited
Butterfield Bank (Cayman) Limited
CIBC FirstCaribbean International Bank (Cayman) Limited
Fidelity Bank (Cayman) Limited
RBC Royal bank (Cayman) Limited
Scotiabank & Trust (Cayman) Limited
ELECTRONIC FUNDS TRANSFER INFORMATION
CIG – CABINET OFFICE
*Beneficiary ‘Short Name’ CIG CABINET OFFICE
Address 133 Elgin Avenue, Govt. Admin. Bldg. Grand Cayman
Beneficiary Bank RBC Royal Bank (Cayman) Limited
Beneficiary Account Number KYD 069751127067 or
USD 069752624872
Beneficiary Account Type Chequing
Reference Client Name/Service (i.e. Passage Holdings – Endorsement or
Passage Trust – Trust TU)
*Beneficiary ‘Short Name’ name must be entered online as stated above
TAX UNDERTAKING FEES
As a reminder tax undertaking fees in accordance with the Government Fees Order, 2017 please click on the link below.
CROSS CURRENCY
Please ensure that the same currency is selected (paying/receiving), alternatively contact your Bank regarding cross currency transactions (e.g. funds sent in KYD but the receiving account is USD a/c and vice versa).
Reminder
Email a copy of the executed direct deposit to TEC@GOV.KY .
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